Let’s play the who you wouldn’t have signed last year for this year:
Judon: Yes. He’s a bargain even though he can’t stop the run.
Henry: Yes. there’s no one better this year.
Smith: No. Overpaid for not much production in Tenn.
Agholor: No.
Bourne: Yes
Godsmack: Absolutely not.
Mills: Absolutely not.
The problem with these breakdowns is they don’t account for the overall cost/value total. On the “successes,” we’re looking at something close to a neutral overall cost/production.
Judon was a success, in the sense that he is probably worth the $15M the Patriots paid him. He’s a very good player at a high cost. He isn’t an elite player at a medium cost. He isn’t a good player at a low cost.
Henry was, maybe, a success. When you consider the contract was close to top dollar for TEs, it’s hard to argue he’s actually one of the best TEs or even close. Does he make the team better? Yes. But for the price paid, he’s not really an asset. As a test, imagine the Patriots put him on the trading block tomorrow. Do you really think other teams would bite at $12.5M per year? I don’t.
Smith is a huge miss. Huge contract, almost zero production. So, you can’t simply say Smith is a minus, Henry is a plus, as a final measure. The net negative on Smith is far greater than even the most optimistic positive return on Henry.
I could go through with the rest of them, but we’re looking at a very poor overall return for the money spent. Why? Because free agency is always subject to the Winner’s Curse. The winning bidder almost always overpays, especially with a larger sample size like the Patriots 2021 free agent class.
You know who believes this? Bill Belichick. Unfortunately, people can’t accept that he dug himself into a deep hole by failing to really rebuild the team and found himself in the worst position of having a giant pile of cash to burn out of desperation. These players were merely the best available at need positions in a relatively weak free agency year. Nothing more. It’s incredible that people are still believing there’s some sort of brilliant master plan or that these contracts were created with the future in mind when the opposite is true. The Patriots have almost no money to spend because they backloaded these deals and were as aggressive as any team in 2021 to win now.